Question

find the difference between the simple interest and compound interest on rupees 8000 at 10% per annum for 3 years​

Answer 1

Answer:

Step-by-step explanation:Simple interest =(PRT)/100

S.I=(8000×10×3)/100

=2400

CI=A-P

=8000((1+10/100)^3+1)

=2648

So C.I.-S.I.

=2648-2400

=248

Hope you like it

Answer 2

Answer:

S.I =(8000×10×3)/100

=2400

C.I= A-P

8000(1+10/100)^3+4

=2648

THEN C.I - S.I

2648- 2400

=248